The Internet is an ever-developing system that offers new possibilities to make cash online. One of them is to be a domain reseller and sell domains to end customers, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are millions of presently active domain names, so this is a developing business niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain includes 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most famous domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names include two-character abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each given Top-Level Domain may have, such as the length of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to customers and administer all domain resource records.
Gain Money From Offering Domains
Multiple Registrars have reseller programs that permit individuals to make profit from selling domains to end users. If you subscribe to such a program, you can set up your own electronic business. Commonly, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can reach more individuals in local regions or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Offer Top-Level Domains On Behalf Of Your Very Own Brand Name
When you register with a domain name reseller program, you will obtain a web page hosting CP where you can select the prices for the different TLDs that the Registrar offers. Most firms also provide invoice software and design skins for your online shop, and the automation of the whole process combined with the towering demand for domain names make the domain name reseller market so desirable. You will either obtain a pre-developed website and use the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal web portal and order form. Normally, you have the option to select between the 2 possibilities, so it all revolves around how experienced you are in these matters. As a domain reseller, you will work under your very own brand name and not under the Registrar's brand.
Make Cash From Offering Web Space Hosting Plans Too
A logical addition to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to persons who desire to create their online portal and require both a domain and a web hosting account. Given corporations provide such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free billing management software to bill your clients. You can then sell Top-Level Domains and shared website hosting accounts to clients, and since they provide lots of different domain name extensions, you will be able to provide domain name and hosting services to clients from all over the world.